MSE News: Millions of Lloyds customers to get letters about Co-op switch

Former_MSE_Helen · 28 November 2012 at 10:06AM

"Letters are being sent to 3.6m Lloyds TSB and C&G customers to explain details of their transfer to the Co-op..."

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Millions of Lloyds customers to get letters about Co-op switch

Sazparella_83 · 28 November 2012 at 2:00PM

Really hoping they don't change the internet banking in the future. In my opinion, Lloyds have the most clear and easy to use internet banking in the UK. It'll be a real shame! Overall though, I think the changes announced seem fairly positive, and I'll be sticking with my current Lloyds bank accounts :cool:

keet83 · 28 November 2012 at 2:43PM

I have a bank account and credit card with lloyds tsb scotland, will my credit card also be effected?
I use it to collect airmiles and wondered if this offer would stop once it has been switched or does this depend on what the new 'owners' decide?

mmillie · 28 November 2012 at 3:42PM

Very pleased that there will be an option to stay. I bank with Lloyds for a reason, and don't want to be forced in to something I didn't decide to do.

nomoneytoday · 28 November 2012 at 4:02PM

I wonder if there will be an interest rate differential for savings or mortgages once completed??

rogcal · 28 November 2012 at 4:05PM

The things that worry me about this "forced change" is that if you elect to stay with LloydsTSB the branch to which your account is allocated will in all probability not be a local one and there could be every likelihood that your new account will be a fee paying account.

I shall see what is on offer and vote with my feet if it doesn't suit me.

I'm lucky that I've kept a few "free banking" accounts open with other banks and shall transfer my domestic banking to one of them should the need arise!

stclair · 19 April 2013 at 9:18PM

I thought id give this thread mouth to mouth to bring it back to life.

I received a leaflet in my statement about the up coming changes to Lloyds TSB accounts:

attachment.php?attach_id=5b57cb5e837ecbce70949ba2e4723d9d&mid=id.358758937578313&hash=AQB55l1NibFDcm9U

jonesMUFCforever · 19 April 2013 at 9:29PM

rogcal wrote: »

The things that worry me about this "forced change" is that if you elect to stay with LloydsTSB the branch to which your account is allocated will in all probability not be a local one and there could be every likelihood that your new account will be a fee paying account.

I shall see what is on offer and vote with my feet if it doesn't suit me.

I'm lucky that I've kept a few "free banking" accounts open with other banks and shall transfer my domestic banking to one of them should the need arise!

Absolute rubbish.
Your account number and sort code will remain the same - the account terms will stay the same unless you decide to change the type of account.
You will be able to conduct all/any business with Lloyds in future that you can do now - or by internet or by phone.

toomuchinfo · 20 April 2013 at 7:15AM

My bank account was due to move but I went into the bank yesterday and the account manager said that she could make a call as I was unhappy about moving.
During the call she was asked why I wanted to stay with LLoyds (because the the new bank branch is miles away and would involve parking fees and less convenience).
It was agreed that I could stay but I was told that my sorting code would definitely change and possibly my account numbers too.

Hazzanet · 20 April 2013 at 7:49AM

jonesMUFCforever wrote: »

Your account number and sort code will remain the same

Like all the Alliance and Leicester ones did?

System · 20 April 2013 at 8:54AM

Did they not just change the sort code from 72-50-0x to 09-01-3x?

Hazzanet wrote: »

Like all the Alliance and Leicester ones did?

MSE News: Millions of Lloyds customers to get letters about Co-op switch

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